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globally in the top 100 cities. so we welcome more competition. it's not new to us. we certainly had competition for years here in new york and other markets. and we've continued to expand much faster than most of our competitors for that period of time. i think the big thing for us is our brand, right? i mean, most people that think about car sharing and using cars by the hour or cars as a service think of zipcar as kind of the iconic brand. we really represent the category. and that plus our technology, and first to scale really matters in this business. i would say, first in isn't as important as first to scale. it's a classic network affects business, where scale really starts to build on itself, both in terms of marketing and technology investment. so we're going to see more competition. we knew that, we talked about that even on the road show. >> i'm sorry, you don't have deep pockets like enterprise or avis or hertz, do you? you know, they are so big. their budgets are potentially so fast. they have so many outlets. you're not first to scale. >> that's why profitability is so
in taxes and the citi shareholders. and how are walmart and target open for trading? we're going to get the answer to that in just about 4 1/2 minutes. >>> "todatoday a full hour with. well, having a ton of locations doesn't hurt. and my daughter loves the santa. oh, ah sir. that is a customer. let's not tell mom. [ male announcer ] break from the holiday stress. fedex office. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. >>> and welcome back. we're getting ready for the opening bell here on "squawk on the street." we're just a couple of minutes away from the open and this after a terrible day in the market. the s&p is down 7% since its september 14 peak, as is the dow. the nasdaq meantime is in correction territo
some plants in the united states. detroit and los angeles a couple of cities they're considering. would that money go toward u.s. infrastructure, u.s. jobs? give us a rough idea of how that money might be deployed. >> yeah. so we would do both. obviously, more investment. we are growing substantially in the united states in terms of jobs. probably two thirds of employees already in the united states. even though about 95% of our revenues come offshore so we're very focused on growing in the united states. we think that we have great talent here. but of course, we are not a team with big factories. we are called chip designers and somebody builds them for us. we hope to see growth in the united states. i mean -- >> all right. we were going the lose that shot at 9:50 eastern time. >> the edge on that one. >> you want to use every single second. >> someone like paul jacobs. >> people. at home should know we knew this was coming and didn't want to let you down. bet tore hear from him than from us. this is the most important guy trying to save the market today. >> right. >> and so we did go
after getting battered last week. citi upgrading from buy to neutral. they are saying that lucas films acquisition will weigh short terms on profits but it paves the way for a good 2014 and 2015. stock is moving up higher in line with markets. we watch shares of leucadia. nice run. down 1.8% now. >> jeffries up 15%, 16%. the deal we've talked about this morning. bob is talking about richard who will be ceo of the combined company. two very large shareholders in leucadia am mr. steinberg and mr. cummings. leucadia 9.4% annualized return since the beginning of 2000. over the last 12, almost 13 years. jeffries at 9.2%. compared to 1.6% for the s&p. wouldn't know that. my other favorite chart. we can't show it to you here because we don't have it ready for you. nobody tells you your hair looks like that. >> looks good. >> look at those numbers. >> how far behind this bank group is incredible. >> jeffries up 159% since 2000. >> great chart. >> they hope they can do more of the same. obviously existing jeffries shareholders will participate. they're not going to have to pay taxable earnings
of the energy sector seeing some momentum, it's gasoline futures. today gasoline rationing has hit new york city. mayor bloomberg putting that into effect. can you only fill up on every other day based on your license plate number so that's something traders are talking about as well because many traders here on this floor are affected by that. we're also looking at gold prices at a tree-week high. it may not be a good thing because it's a safe haven bid. tradesers worried about the fiscal cliff. also thinking maybe we'll see more accommodative policy, another reason to bid up gold. we're seeing new buyers coming into the gold market. they're also looking at activity in the gold etfs which have been strong. looking at gold prices perhaps making that march back to the 1800 level. back to you. >> thank you, sharon epperson. jcpenney is at a crossroads, big earnings miss, two weeks before black friday. is time running out for ceo ron johnson? diageo, paul walsh, expanding their presence in india. early movers on wall street, igt up 4.5%. >>> take a look at the dow heat map. disney leading laggard d
Search Results 0 to 4 of about 5